What’s the most important belief you hold where the only evidence for it is 1) people’s answers to survey questions and/or 2) people’s behavior in contrived laboratory experiments?
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Replying to @literalbanana
financial market bubbles are stubborn phenomena that refuse to go away even with super smart people and super obvious returns and super strong incentives. you can get rid of them by giving market participants experience... until some newbies show up.
3:03 PM - 26 Feb 2020
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